11/17/2014

Gucci needs new ideas, talents to combat brand fatigue

Gucci holds the luxury spending downturn mainly responsible for its poor performance but the Italian fashion brand may also have itself to blame, suggesting it could be time to change strategy and hire fresh talent.

11/14/2014

Ferrari to pay Fiat Chrysler $2.8 billion in spin-off

Ferrari will pay Fiat Chrysler $2.8 billion before the luxury sports car maker is spun off into a separate company next year, helping CEO Sergio Marchionne fund an agressive five-year expansion plan.

11/12/2014

The 10 most expensive super yachts

Super yachts are a luxury reserved for ultra-high-net-worth individuals or UHNWI, such as Steven Spielberg or the late Steve Jobs.